thank you. ♪ >> from iran's nuclear ambition toss china's nationalist impulses, the new year, no doubt, will bring its own share of foreign policy challenges. here with a look at which are likely to be the biggest, wall street foreign affairs, bret, and matt. bret, the world is safer now than a year ago? >> think about it we're that much closer to a nuclear confrontation or crisis for what do i want to see happen in the world in the next four years and how am i going to get there. >> the strategy though seems to be without quite advertising it, american withdrawal and retreat in the world and going to cut the-- gash the defense budget and people understand it. we're pulling out of afghanistan, and we are already out of iraq and we've abdicated anything in syria, so, the message around the world, isn't it, is that the u.s. is going to be much-- going to lead a lot less than it has. >> and we had the right strategy, i think we could have the right strategy and is an opportunity. >> well, look, there is an analogy here. in the 1920's it became clear that the victorious parties in the unit